Crestmark promoted Steve Hansen to senior vice president, Western division sales manager from first vice president. Based in Houston, Hansen will report to executive vice president and national sales manager Ray Morandell and work closely with Western division President Pat Haney.

A 30-year veteran in the finance industry, Hansen joined Crestmark in 2009 as vice president, business development officer, and has been part of the Baton Rouge, LA/South region in Crestmark’s Western division. Before coming to Crestmark, Hansen was vice president for Summit Financial Resources. Earlier, he was vice president, business development officer for Transaction Based Services.

“Steve has been a key to our development in the West. His ability to identify talent, and his focus on coaching and building an improved new business development foundation, has already started to show positive results. This promotion is in recognition of that,” said Morandell. “Steve brings a strong grasp of Crestmark’s financial products and how they can help businesses, a deep commitment to helping clients, and solid leadership skills. Steve and his talented team of BDOs will work together to continue to build on our success in the West.”